Bullish bets on US technology stocks are rising at a near-record pace: Nasdaq call options volume is up to 3.9 million contracts per day, the 2nd-highest on record. This is only below the ~4.3 million seen in November 2025. Nasdaq call options volume has more than QUADRUPLED since 2021. This comes as the Nasdaq has now closed positive for 13 consecutive sessions, the longest streak since 2013. Over this period, the index has rallied +17.7%, one of its best 13-day returns over the last 20 years. US technology stocks are making history.(The Kobeissi Letter)